PROPERTY AND EQUIPMENT

3 Months Ended

Sep. 30, 2011

Notes to Financial Statements

PROPERTY AND EQUIPMENT

The Company owned equipment recorded at cost which consisted of the following as of September 30, 2011 and December 31, 2010:

	September 30, 2011			December 31, 2010
Computer equipment	$	13,824		$	13,824
Furniture and fixtures		4,293			4,293
Subtotal		18,117			18,117
Accumulated depreciation		(6,415	)		(5,056	)
Property and equipment, net	$	11,702		$	13,061

Depreciation expense was $1,359 and $1,297 for the nine months ended September 30, 2011 and 2010, respectively.